About First Class Processing
First Class Processing is a Financial Services company based in Andover (United States) founded in 2013. It provides credit card processing and point of sale solutions for local businesses. It operates on a B2B model in Financial Services and Retail sectors. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. First Class Processing offers products and services including Credit Card Processing, Point of Sale Systems, Payment Terminals, Cash Registers, and Self Service Kiosks. Its focus areas include FinTech, Payment Processing, Credit Card Services and Merchant Solutions. Similar companies include Square, Flutterwave, Modern Treasury, HighRadius and Wright Express and 4 more; 7 of its 9 listed similar companies have raised funding.
Company details
First Class Processing specializes in credit card processing and point of sale systems, serving businesses in Massachusetts, Southern New Hampshire, and Southern Maine. They provide secure payment solutions, including terminals, integrations, and zero-cost programs, to help businesses accept payments efficiently. The company focuses on local support and seamless integrations with various software, reducing cash handling and enhancing security.
- Headquarters Andover, United States
- SectorsFinancial ServicesRetail
- Email••••••••
- Phone•••• ••••
- Website firstclassprocessing.com
- Social LinkedIn X Facebook YouTube
- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
Associated legal entities of First Class Processing
First Class Processing operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Products & Services of First Class Processing
First Class Processing offers a comprehensive portfolio of products and services, including Credit Card Processing, Point of Sale Systems, Payment Terminals, Cash Registers, and Self Service Kiosks.
Enables secure credit card transactions for businesses.
Offers efficient point of sale integrations for sales management.
Supports various payment methods like contactless and mobile.
Provides modern registers for retail operations.
Facilitates self-service payment options for customers.
Apps and channels of First Class Processing
its YouTube channel First Class Processing has 9 subscribers and 4 videos.
Videos from First Class Processing
The most watched videos on First Class Processing's YouTube channel, First Class Processing (9 subscribers). Click a video to play it here.
More on First Class Processing.
Board of directors of Ing Vysya Bank Limited (First Class Processing)
Ing Vysya Bank Limited is the primary company behind First Class Processing. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 2 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 10 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 6 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
Financials of First Class Processing
Figures of Ing Vysya Bank Limited, the primary company behind First Class Processing, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for First Class Processing
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Similar companies to First Class Processing
First Class Processing has 9 listed similar companies in our database, 7 of them funded. They include Square, Flutterwave, Modern Treasury, HighRadius and Wright Express, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| nmi.com | 2001 | Roselle, United States | $54.18M | 113 | White-label payment gateways are built for global e-commerce transactions. | |
| nuvei.com | 2003 | Montreal, Canada | $321.71M | – | Payment processing solutions are delivered to merchants and businesses. | |
| comdata.com | 1969 | Brentwood, United States | – | – | Fleet management and payment processing solutions are provided. | |
| moniepoint.com | 2019 | London, United Kingdom | $255.5M | – | Integrated financial services are provided for businesses and individuals. |
Detailed similar companies of First Class Processing
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Top companies in Travel Fintech
10 companies that operate in the same segment as First Class Processing (Travel Fintech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore, Singapore, Singapore | USD 721.47 M | USD 22.94 B | 3,733 | |
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | – | USD 8.79 | 74 | |
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | – | 177 | |
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India | – | – | – | |
Venture capital funding and support for pre-seed and seed-stage startups in India. | 2019 | Mumbai, Maharashtra, India | – | – | – | |
EPSILON NET is engaged in providing business software solutions. | 1999 | Kallithea, Attica, Greece | – | – | – | |
Offers payment gateways, links, and services for online transactions and business payments. | 2009 | Noida, Uttar Pradesh, India | – | – | – | |
Mobile app for phone payments at merchants without wallets or internet. | 2014 | Bengaluru, Karnataka, India | – | USD 103.98 K | 10 | |
Investment in Indian startups across technology and fintech sectors. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Fintech platform offering AEPS, Micro ATM, recharge, and money transfer services. | 2021 | Delhi, Delhi, India | – | USD 4.61 M | 292 |
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Related news about First Class Processing
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Frequently Asked Questions about First Class Processing
First Class Processing was founded in 2013.
First Class Processing is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.
The primary company behind First Class Processing, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
First Class Processing specializes in credit card processing and point of sale systems, serving businesses in Massachusetts, Southern New Hampshire, and Southern Maine. They provide secure payment solutions, including terminals, integrations, and zero-cost programs, to help businesses accept payments efficiently. The company focuses on local support and seamless integrations with various software, reducing cash handling and enhancing security.
First Class Processing's top competitors include Flutterwave, Square and Modern Treasury.
First Class Processing offers Credit Card Processing, Point of Sale Systems, Payment Terminals, Cash Registers, and Self Service Kiosks.
First Class Processing operates through Ing Vysya Bank Limited.
The legal entities of First Class Processing currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.